LTO Network is a newcomer for this industry, but now LTO is rank 278 (source : coingecko.com)
I will start to use 2 analysis from now on, Tehcnical and simple Fundamental Analysis if you like it i will write more the fundamental analysis.
Let's get started!!
Fundamental Analysis
LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.
A lot of use cases that implement by LTO Network and LTO focusing on enlarge the business with doing partnership with a lot of business, you can check it up on ltonetwork.com/use-cases/
LTO network is one of the fastest team project movement i have ever seen on blockchain ecosystems, i think they will grow fast.
Technical Analysis
There are important supports that can push LTO / BTC higher, 1. Hidden Dynamic support that i use red line, 2. Ema 21 and Ema 55
The target is mapped using violet lines :
TP 1 : 1074 (42%)
TP 2 : 1186 (55%)
TP 3 : 1546 (101%)
TP 4 : 1805 (134%)
Don't forget to set stoploss for your safety
I hope this can help you to get insight. Enjoy your day
I will start to use 2 analysis from now on, Tehcnical and simple Fundamental Analysis if you like it i will write more the fundamental analysis.
Let's get started!!
Fundamental Analysis
LTO Network is a hybrid blockchain for securing, verifying and exchanging business critical information.
A lot of use cases that implement by LTO Network and LTO focusing on enlarge the business with doing partnership with a lot of business, you can check it up on ltonetwork.com/use-cases/
LTO network is one of the fastest team project movement i have ever seen on blockchain ecosystems, i think they will grow fast.
Technical Analysis
There are important supports that can push LTO / BTC higher, 1. Hidden Dynamic support that i use red line, 2. Ema 21 and Ema 55
The target is mapped using violet lines :
TP 1 : 1074 (42%)
TP 2 : 1186 (55%)
TP 3 : 1546 (101%)
TP 4 : 1805 (134%)
Don't forget to set stoploss for your safety
I hope this can help you to get insight. Enjoy your day